Global Home Furnishings Stores Market Segments 2024, Forecast To 2033
5 Mar, 2024
The home furnishings stores market has exhibited strong growth, increasing from $201.89 billion in 2023 to $213.92 billion in 2024, with a 6.0% CAGR. The historic period's growth is attributed to lifestyle changes, demographic shifts, consumer confidence, retailer strategies, and global supply chain dynamics. Expecting strong growth, the market is projected to reach $267.45 billion in 2028, exhibiting a 5.7% CAGR. This growth is driven by smart home integration, urbanization, health and wellness focus, customization, and personalization, accompanied by trends like home renovation and rental models.
Global Home Furnishings Stores Market Key Driver
The home furnishings stores market grows with the surge in interest in interior design, expected to reach $339 billion by 2027. Consumers' willingness to spend on designer furniture and home decor, as indicated by Made in CA, propels the growth of home furnishings stores.
Get A Free Sample Of The Global Home Furnishings Stores Market ReportGlobal Home Furnishings Stores Market Segments
The home furnishings stores market covered in this report is segmented –
1) By Product Type: Home Furniture, Home Textile, Wall Décor
2) By Price Point: Mass, Premium
3) By Application: E-Commerce Sales, In-store Sales
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the home furnishings stores market in 2023. The regions covered in the home furnishings stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Home Furnishings Stores Industry Players
Ashley furniture industries Ltd.; Duresta Upholestry Ltd.; Kimball International; Shaw Industries Group Inc.; Inter IKEA Group; Mohawk Industries Inc.; Manning Mills Inc.; Forbo Intenational SA; Bed Bath & Beyond Inc.; Wayfair LLC; Herman Miller Inc.; Suofeiya Home Collection Co. Ltd.; Springs Window Fashions LLC; Hansemm Corporation; Armstrong World Industries Inc.; Walmart Inc.; Macy’s Inc.; home24 SE; Conair Corporation; J.C. Penney; Home Depot Product Authority LLC; Williams-Sonoma Inc.; Rooms To Go; Crate & Barrel; Ethan Allen; La-Z-Boy; Pier 1 Imports Inc.; Pottery Barn; RH; Havertys; Bassett Furniture; Raymour & Flanigan; American Furniture Warehouse; Nebraska Furniture Mart; Bob's Discount Furniture; Jordan's Furniture; Value City Furniture; Mathis Brothers Furniture; Living Spaces; Badcock Home Furniture & More; Leon's Furniture; Dufresne Furniture & Appliances; Bernie & Phyl's Furniture; Kane's Furniture; El Dorado Furniture; Arhaus; Ballard Designs
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AIOps Home Furnishings Stores Market Overview
Home furnishings stores refer to retail store that sells household equipment, usually made of wood, metal, plastics, marble, glass, fabrics, or related materials of a room, home, or office. These businesses are typically run from showrooms, and many provide interior decoration services in addition to product sales.
Home Furnishings Stores Global Market Report 2023 provides data on the global home furnishings stores market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The home furnishings stores market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.